Money Vichara

Money Memories Are Not Always Our Own Let us be honest — money is deeply emotional. It touches our lives every single day. For many of us, money is not just a practical resource. It is linked with memories, ambitions, fears, and relationships. While our own past money mistakes can haunt us, that is only one part of the story. Sometimes, it is not even our mistakes that shape our financial hesitation. It might be what happened to a friend who trusted the wrong person and lost everything. It might be the debt trap a relative fell into because of a medical emergency. Or it might be something you read — an online scam, a real estate fraud, or a stock market crash that wiped out someone’s savings. These stories stay with us. They settle quietly in our minds and whisper warnings whenever we try to make a financial move. Even if those things never happened to us personally, we begin to act as if they did. We stop ourselves from taking even healthy financial risks, because somewhere inside ...

When Numbers Start Telling a Story In our last post, we explored the five key areas to track in personal finance: Income , Expenditure , Investment , Return , and Net Worth . Tracking these gives us a clear snapshot of where we stand financially. But tracking alone is not the destination — it is the starting point. The real magic happens when we interpret those numbers using meaningful reference points. (Please click here for last article:  Track It to Grow It: Why Money Tracking is Key to Financial Success ) That is what this post is about. I am sharing a set of simple benchmarks and thumb rules that can help you reflect on your financial progress. These are not rigid formulas, but practical benchmarks I’ve compiled for this post—adopted from financial wisdom, real-life experiences, and conversations with people striving to manage their money better. There may be some overlap or even minor contradictions between different benchmarks, but they are meant to serve as referenc...